In case new holders haven't noticed, ARU is pretty conservative in the way it reports to the market. Has been like that for quite some time and is unusual for a junior development company.
However the "Offtake and Project Funding" commentary in the quarterly is as bullish as I've ever seen it from ARU. A reminder below of the graphic I posted several weeks ago. Could "Institutional / Strategic Investment" be driving the strengthening s/p, acting on what ARU has now expressed in the quarterly?
Ann: Quarterly Activities Report and Appendix 5B, page-9
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Last
17.5¢ |
Change
-0.005(2.78%) |
Mkt cap ! $431.2M | |||
| Open | High | Low | Value | Volume |
| 17.5¢ | 17.5¢ | 17.5¢ | $201.5K | 1.151M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 33 | 1095582 | 17.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.5¢ | 186377 | 7 |
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| Last trade - 10.48am 11/10/2024 (20 minute delay) ? |
| ARU (ASX) Chart |